Post by @chinese • Hey
crypto/web3 daily updates
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- welcome to gwei world!
daily crypto / web3 updates and news
excited to be sharing on @lenster.lens @lensprotocol
#crypto #web3 #news
- crypto phone 👾
Really!!?? Solana teams up with Osom to release a mobile phone called the Saga… ETA: Q1 ‘23
thoughts?
- Polygon recently released new tech, a custom blockchain scaling solution - Avail!
Avail allows developers to access blockchain data off-chain and update, fork, and change their applications. It uses advanced strategies to determine the authenticity of blockchain data without relying on node operators.
- Stablecoins grew from less than null billion in circulation at the peak of the 2017 cycle to $180 billion at the peak of the most recent cycle.
USDC is a stablecoin by Circle, a company founded by Jeremy Allaire. The coin is so popular that it is reaching new market cap all-time highs while everything else is down.
- Coinbase Support Update:
Coinbase Adds Support for On-Chain Polygon and Solana Transactions
- The head of Instagram has a vision for using Web3 to shift power from tech platforms to content creators—which he says will ultimately benefit both.
Article: https://www.wired.com/story/adam-mosseri-instagram/
- Another one bites the dust…
Vauld has suspended withdrawals, trading, and deposits on its crypto lending and exchange platform due to financial challenges.
- DappRadar and LayerZero launch chain-agnostic staking token
- Yet another major crypto broker Voyager Digital suspends all trading, deposits and withdrawals.
The broker issued a notice that prominent crypto hedge fund Three Arrows Capital (3AC) had defaulted on a loan worth more than $670 million.
- Another flippening!
Yesterday, #arb had nearly double the transaction fee revenue as Bitcoin!
- gm team - happy Friday 👾
- Coinbase launches first derivatives platform aimed at retail traders, hoping to capitalize on a market w/ $3 trillion in volume worldwide.
- dYdX announces V4 will be built as a standalone Cosmos based blockchain!
Prior to this, Ethereum has not had much incentive (in terms of competition) to deliver on track with their roadmap.
One of the largest DEX’s switching to build on Cosmos may change this.
#dydx #cosmos #dex
- worldwide webb 🕸
webb.game mmorpg has been pumping out some exciting community and gaming experiences- check them out!
- Teller is a Polygon-based decentralized lending protocol with a buy now, pay later feature for blue chip NFTs.
Ape Now, Pay Later will support 10 notable NFT projects at launch.
Any concerns?
- Ethereum's developers have delayed the difficulty bomb by another 100 days.
The delay is an acknowledgment that the Merge will take longer to complete.
Miners keep mining!
- FTX signs deal that could buy BlockFi for up to $240 million
- gm new members, welcome to gwei world
- Celsius reclaimed $440 million of collateral after paying off a loan on Maker.
The debt repayment will give Celsius a big liquidity boost and help the lender meet creditor demands and customer withdrawals.
- re:meme built on @lensprotocol 👾
re:meme – the on-chain database and source to publish, create, remix, and trace the origins of memes! can’t wait to see in action.
- gm new members, welcome to gwei world!
- gm gm fam - how is everyone ? 👾
- gm fam - we are back!
- Rumors circling that FTX may be considering acquiring Robinhood.
CEO Sam Bankman-Fried has denied the claims, saying that there are no active mergers and acquisition conversations with Robinhood.
We shall see…
- any #tinydinos in #gweiworld ?
- Web3 phones are the newest pump -
Polygon has partnered with Nothing to integrate Polygon technology with the Nothing Phone. The partnership will start with an NFT membership club.
Bullish or bearish?
- Indian Government legislated a 1% tax on all crypto transactions of more than 10,000 INR on July 1.
Trading volume across Indian exchanges has fallen by at least 50% since the tax's implementation.
Firms are headed to Singapore / Dubai !
- SudoSwap announces launch of new NFT marketplace!
“…powered by our SudoAMM. This platform will change the way NFT traders buy & sell.”
- Bored Ape Yacht Club notified its followers about an OpenSea error earlier on Wednesday. OpenSea mistakenly and temporarily delisted a number of Bored Apes from their platform and users received emails about the items being delisted.
This has been resolved.
- Those interested in the more financial front… Goldman Sachs is positioning itself as the leading investor groups to purchase Celsius Assets.
They are seeking $2 billion in commitments from investors to buy at steep discounts if Celsius goes bankrupt.